What are economic resources, and how does scarcity of resources apply to economic decisions?

Foxtrot reported $65,000 of income for the year by using absorption costing. The company had no beginning inventory, planned and actual production of 20,000 units, and sales of 18,000 units.

If ABC 10% bond closed at 101 3/8 down 3/4 for the day and would provide a current yield of 9.87%. The current yield if the bond had been purchased on the previous trading day would be:

Which of the following statements is TRUE? A) Supply chain management was invented by the auto manufacturing industry B) Strategic partnerships are seen as one of the foundations of supply chain management C) Purchasing is seen as the final and most

Under which of the following conditions are consumers entitled to a free credit report? If they were accused of submitting a fraudulent application If incorrect activity is found on a report If their credit was denied If they are in a certain amount

Jake receives a promotion at his law firm after winning an important case. this is an example of a:

Tyler returned $500 worth of merchandise within the discount period. The entry to record the return is which of the following? A. Debit Purchases for $500; credit Accounts Payable $500 B.

Identify the examples of abilities. Check all that apply. Kelvin is good at giving speeches. Elaine knows how to drive a car. Wilma would like to study history. Ira was raised in a Jewish family. Cam can run for long distances.

An estimate of an asset's value to the company, calculated by discounting the future cash flows from the investment at the project's required rate of return and then subtracting the initial amount of the investment, is known as: A) Unamortized

A physical count of supplies on hand at the end of May for Masters, Inc. Indicated $1,245 of supplies on hand. The general ledger balance before any adjustment is $2,050.

How were civil rights problems in northern cities similar to those in the south?